Sheshunoff-Pratt has published a new book by James H. Pannabecker entitled Compliance Guide to the 2013 Mortgage Lending Rules. The book explains the seven mortgage rules issued in January 2013 by the Consumer Financial Protection Bureau and other agencies to meet deadlines set by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The manual includes implementation checklists to help develop project plans and audit compliance, before-and-after tables to show how each regulation changes the landscape, call-out boxes to explain important ideas and offer practical pointers, and applicability charts to illustrate which loans are affected by which part of each regulation and whether a “small institution” exemption applies. The book provides summaries, detailed explanations, and background material for each rule. Ordering information is available at www.sheshunoff.com or by calling 800-456-2340.
